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History

The University of Kentucky Internal Audit (UKIA)'s authority stems from a University of Kentucky Board of Trustees' resolution dated April 1, 1941, which indicates that all financial affairs of the University of Kentucky must be monitored. Upon this edict, UKIA was officially created in 1958. The University of Kentucky Board of Trustees approved the inception of the Audit and Compliance Committee in part to oversee the UKIA function, in keeping with the Standards for the Professional Practice of Internal Auditing.